LMM/MM UK PE - pay bumps?

Given the market wide bump in basesalaries acrossBBs,EBsand evenMMs(in addition toMF/UMM PE), curious tosee if LMM/MMPE have followed suit?

My understanding was that previously a new analyst leavingIBwould expect £70/80k all in comp in UK LMM/MMPE. Have any bumped? Would make it a tough sell to leave banking if these figures haven't increased materially?

For context, currently in UK MMPE and NO pay bump yet. Expect c95-100k all in comp this year.

Comments (7)

1y
CompBanker, what's your opinion? Comment below:

My data points are limited but I am not aware of any UK LMM/MMPEfirms offering pay bumps. I do know that a lot are hiring, but there have been no shortage of applicants from what I can see. Over time I do expect base pay to rise inPEas the banks have seen such large increases.

CompBanker’s Career Guidance Services: https://www.rossettiadvisors.com/

  • ProspectinIB-M&A
1y

OP here. That's what I'm seeing as well. Surely they will have no choice as it just makes it so uncompetitive v banking. They being said it still trumps big 4 where a lot of them hire from.

  • Analyst 2inIB-M&A
1y

你击中了要害。在那里's no incentive for these guys to raise comp if they're already getting the talent they need, especially if they're hiring from the likes of Big 4. When the pay bumps come I doubt they will be huge.

  • ProspectinIB - Gen
1y

Was my understanding that LMM associates should be expecting 75-80k base with 100% bonuses not uncommon? Surely an 80k all in salary can't attractIBassociates breaking 200k

1y
Milken13, what's your opinion? Comment below:

yes can confirm those numbers

1y
ThrowawayLondon4321, what's your opinion? Comment below:

I'm on 130k all in at LMM UK Ass. 1, although I reckon there could be a price bump incoming for me to 160k

  • Associate 1inPE - Other
1y

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